InterneTelecom
Space World Group, a fibre assets company, plans to connect 35 data centres in seven major Indian cities, entailing an investment of $500 million through its new ventures called Constl and Ranext, co-founder Ankit Goel said.
This market, valued at around USD $83.2 billion in 2023, is driven by several critical factors, including the increasing number of data centres worldwide.
Studies have shown that enhanced mobile connectivity and broadband penetration have a direct impact on GDP and job creation, especially in emerging economies such as India, said Ashwinder Sethi, partner at global TMT consulting firm Analysys Mason.
The acquisition expands Ramboll's presence in North America, Europe, and Asia and is aligned with the company's ambitions to reduce the climate footprint of the data centre industry, which is crucial to the digitalised society.